BCA Marketplace has hit the acquisition trail once more, snapping up automotive services group Paragon Automotive for £105m. The move brings BCA one step closer to its goal to become the UK’s leading one-stop shop for automotive services for OEMs, dealers and leasing companies. The acquisition of Paragon comes just one year after BCA Marketplace, the company behind Webuyanycar.com, bought Eddie Stobart’s automotive logistics business Autologic for £16m, rebadging it BCA Automotive. Paragon bought Autologic’s automotive after-sales division from Stobart […]
Heathrow-based courier Crossflight has acquired the operations of North London firm DDI Worldwide as part of its expansion strategy. As of today (7 January), Crossflight will run DDI’s express courier, UK overnight and mail services out of its headquarters in Heathrow. Crossflight said the move will be seamless for all of DDI’s customers and the combined company will operate under the Crossflight brand. Crossflight MD Richard Stoughton said: “This important acquisition not only allows us to grow our business further, […]
Eddie Stobart Logistics (ESL) has received a takeover bid from one of its current shareholders, Dbay Advisors.
Eddie Stobart Logistics’ (ESL) turnover increased 25% year-on-year in the half year period the group said today (9 July), but it also warned that profit would be at the lower end of expectations.